EDF : EDF and China Datang Corporation signed a cooperation agreement in the field of thermal energy EDF and China Datang Corporation signed a cooperation agreement in the field of thermal energy Beijing, April 25th 2013 - EDF and the Chinese electricity producer China Datang Corporation (CDT) signed a cooperation framework agreement in the presence of Xi Jinping, President of the People's Republic of China and François Hollande, President of the French Republic. Through this agreement, both companies express their willingness to co-develop thermal power projects in China and internationally. Furthermore, the two groups intend to explore potential technical cooperation in the field of thermal engineering. This agreement will also strengthen the link between EDF and CDT in the field of R&D dedicated to promote clean energy technologies. This agreement is following a first one concluded in 2006 by the two companies, which allowed EDF to take a 35% stake in the supercritical coal-fired plant of Datang Sanmenxia Power Phase II (DSPC), located in the region of Henan in the north of China. This is the most technologically advanced thermal coal project EDF is involved in. Coal is a dominant component of the energy mix in Asia and in China. The generation capacity of the region from this fossil source is expected to reach 1,500 GW in 2020. The extensive use of coal in this part of the world requires advanced technologies to reduce its impact on the environment. Thanks to investments made in R&D and development of new projects, the Chinese industry is now world leader for high performance coal fired power plants with low CO2 emissions. Contacts EDF DATANG Presse Mr. HUANG Yuan, Carole Trivi & Aurélien Cassuto: +33(1) 40 42 44 19 Division Chief of Department of Enterprise Culture Analystes et investisseurs Kader Hidra & Carine de Boissezon : +33(1) 40 42 Tel +86 139 013 632 34 45 53 - David Newhouse (investisseurs US) : +33(1) 40 42 32 45 A PROPOS EDF group, one of the leaders in the European energy market, is an integrated energy company active in all areas of the business: generation, transmission, distribution, energy supply and trading. The Group is the leading electricity producer in Europe. In France, it has mainly nuclear and hydropower generation facilities where 95.9% of the electricity output is CO2-free. EDF's transmission and distribution subsidiaries in France operate 1,285,000 km of low and medium voltage overhead and underground electricity lines and around 100,000 km of high and very high voltage networks. The Group is involved in supplying energy and services to approximately 28.6 million customers in France. The Group generated consolidated sales of €72.7 billion in 2012, of which 46.2% outside of France. EDF is listed on the Paris Stock Exchange and is a member of the CAC 40 index. CHINA DATANG CORPORATION (CDT) is one of five major Chinese companies in the sector of electricity production. It is a state-owned enterprise established in December 2002 after the split of the former State Power Corporation of China, whose capital is 15.39 billion yuan. CDT owns Datang International Power Generation Company Limited, a subsidiary listed in London and Hong Kong. Other activities are the manufacture of equipment for the construction, engineering services, management of international tenders in the field of energy. In 2012, Datang Group generates and distributes electricity to more than 31 provinces and had 16.56GW hydraulic capacity and 8.2 GW of wind capacity. Clean energy accounted for 22% of its installed capacity. Since 2010, CDT has been listed as a Fortune 500 companies. PR_EDF_CDT ------------------------------------------------------------------------------ This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: EDF via Thomson Reuters ONE HUG#1696616
EDF : EDF and China Datang Corporation signed a cooperation agreement in the field of thermal energy
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